Trump says he plans crackdown on defense firms over executive pay and stock buybacks

President accuses US defense companies of delivery failures and attacks ‘exorbitant’ salaries to top executives Donald Trump has claimed he plans to crack down on executive compensation and shareholder payouts at military defense contractors, as his administration ramps up spending on the armed forces. In a post on social media, the US president said defense giants had been failing to swiftly deliver “vital” equipment to the US military and its allies across the world. Continue reading...